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Rhode Island

Defense Breakdown Economic Impact Report
By Contractor Location Data -- Sorted by City

(FY 2012 Defense Contracts Baseline Data)

Estimated 9% to 18% Annual Budget Reductions Starting in FY 2013

Go to www.forthecommondefense.org/reports to view detailed reports on Rhode Island counties, cities, Congressional Districts, industries, small businesses and information on sources and methodology.


         BACKGROUND ON THE DEFENSE BUDGET CUTS: 2013-2021

  • Our military is carrying an unfair burden of deficit cuts. To date, our Defense budget has been hit with 50% of deficit reduction -- yet it accounts for less than 20% of total federal spending. As a result of these cuts, in 2012 President Obama limited U.S. military capability to fighting one "regional conflict" and one "holding action."
     
  • Sequestration Defense budget cuts of $500 billion, combined with previous Defense cuts of another $487 billion, will cut defense spending in local communities by 9% to 18% between 2013 and 2021.
     
  • These reports show how estimates of defense budget reductions from 9% to 18% could affect Rhode Island with cuts in defense jobs and businesses. Ask your elected officials for ongoing updates on how these defense cuts will affect your community.
     
  • Alternative solutions have been proposed to maintain a strong defense, reduce our deficit and avoid tax increases. Elected officials have proposed that the President and Congress reduce mandatory entitlement spending and make cuts in the non-security programs in the Federal budget. Over 60% of federal spending goes to entitlements like Social Security, Medicare, Medicaid and now Obamacare.
 

StateContract YearCityContract Count$ AmountReduction
   by 9.0%
Reduction
   by 18.0%
Rhode Island2012Ashaway25$2,358,520-$212,267-$424,534
Rhode Island2012Barrington10$1,067,227-$96,050-$192,101
Rhode Island2012Block Island3$57,200-$5,148-$10,296
Rhode Island2012Bradford1-$21,016$1,891$3,783
Rhode Island2012Bristol59$3,717,816-$334,603-$669,207
Rhode Island2012Central Falls14$1,173,196-$105,588-$211,175
Rhode Island2012Coventry40$650,628-$58,557-$117,113
Rhode Island2012Cranston92$6,137,908-$552,412-$1,104,823
Rhode Island2012Cumberland3$25,255-$2,273-$4,546
Rhode Island2012East Greenwich7$63,803-$5,742-$11,485
Rhode Island2012East Providence10$464,144-$41,773-$83,546
Rhode Island2012Exeter16$4,871,301-$438,417-$876,834
Rhode Island2012Glendale1$8,280-$745-$1,490
Rhode Island2012Greenville1$41,322-$3,719-$7,438
Rhode Island2012Hope1$24,000-$2,160-$4,320
Rhode Island2012Hope Valley2$24,738-$2,226-$4,453
Rhode Island2012Jamestown9$737,119-$66,341-$132,681
Rhode Island2012Johnston14$1,351,347-$121,621-$243,242
Rhode Island2012Kingston12$1,068,345-$96,151-$192,302
Rhode Island2012Lincoln25$519,102-$46,719-$93,438
Rhode Island2012Middletown59$76,020,822-$6,841,874-$13,683,749
Rhode Island2012Narragansett9$809,375-$72,844-$145,688
Rhode Island2012Newport38$8,120,844-$730,876-$1,461,752
Rhode Island2012North Kingstown93$3,922,733-$353,046-$706,092
Rhode Island2012North Providence1$8,986-$809-$1,617
Rhode Island2012North Scituate1$6,350-$572-$1,143
Rhode Island2012Pawtucket31$3,129,405-$281,646-$563,293
Rhode Island2012Portsmouth83$250,822,701-$22,574,044-$45,148,088
Rhode Island2012Providence245$85,709,069-$7,713,817-$15,427,633
Rhode Island2012Riverside31$403,922-$36,353-$72,706
Rhode Island2012Rockville1$0$0$0
Rhode Island2012Rumford1$485,162-$43,665-$87,329
Rhode Island2012Smithfield38$838,383-$75,454-$150,909
Rhode Island2012Tiverton5$28,987-$2,609-$5,218
Rhode Island2012Wakefield8$318,308-$28,648-$57,295
Rhode Island2012Warren4$217,024-$19,532-$39,064
Rhode Island2012Warwick149$6,270,530-$564,348-$1,128,695
Rhode Island2012West Greenwich2$11,449-$1,030-$2,061
Rhode Island2012West Kingston9$63,641-$5,728-$11,455
Rhode Island2012West Warwick32$880,434-$79,239-$158,478
Rhode Island2012Westerly38$2,886,127-$259,751-$519,503
Rhode Island2012Woonsocket12$1,750,720-$157,565-$315,130
TOTAL  1,235$467,045,207-$42,034,071-$84,068,139

Data sources and more data available at www.governmentcontractswon.com, compiled from public data at www.fpds.gov

Created by the Center for Security Policy Defense Breakdown Economic Impact Report Generator (v.2.8.0-CL) November 6, 2013 16:40:02 www.forthecommondefense.org